Wednesday, September 21, 2022

With the new show, the host will be the richest personality on HGTV

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When “The Renovator” debuts on HGTV this fall, its host will be easily the richest personality on the network. Though many of HGTV’s celebrity hosts have sizable bank accounts, it’s estimated that Marcus Lemonis is way ahead when it comes to net worth. Here’s a look at his streak, his wealth, and how he compares to HGTV’s richest stars…

On October 11, 2022, HGTV will premiere “The Renovator,” hosted by massively successful businessman and media personality Marcus Lemonis, who will use his gift to fix businesses in chaos, taking the clutter he finds in family homes from the physical Eliminate environment from personal dynamics. His goal is to leave every family on the show renovated, functional homes and better personal systems for communicating and thriving together.

HGTV has turned many unknown home experts into stars and has also hired established celebrities to appear on its shows. But if Lemonis’ estimated net worth of $500 million is correct, he still tops the list of the richest hosts on the network.

Here’s how some of HGTV’s richest stars compare…

Fast Company reported back in 2017 that “Property Brothers” are hosting Jonathan and Drew Scott were the highest-paid stars on HGTV, earning $75,000 to $150,000 per episode of their shows. With her product lines, endorsements, book deals, and appearances, Celebrity Net Worth estimated her net worth at $100 million each as of early 2022.

The twins have just signed a new three-year deal with HGTV and its parent company Warner Bros. Discovery, but financial terms have not been disclosed. However, the odds of them each hitting a net worth of $500 million are slim given the latest estimates for them.

mike holmes, The “Holmes on Homes” star has been filming home improvement shows in Canada since 2001, with many series under his belt, a family-run home renovation business, book stores and his “Make It Right” branding that have raked in an estimated $30 million in net worth.

Also from Canada Bryan and Sarah Baumler have become home renovation stars there and across the US with an estimated combined net worth of US$20 million. It’s not clear if that estimate was set before the Baeumlers bought and renovated a resort in the Bahamas that was featured on HGTV’s “Renovation Island,” just before the pandemic hit and turning money problems for the couple on the show into a major one became concerned.

Former “Flip or Flop” host Tarek El Mussa was recently estimated to have a net worth of $15 million by Celebrity Net Worth. However, he’s eagerly using the notoriety he’s garnered on HGTV to build his fortune, and recently founded real estate investment firm TEM Capital. He also has two new HGTV shows — “Flipping 101” and “The Flipping El Moussas,” which will premiere in 2023 with his second wife, real estate agent Heather Rae El Moussa, who also appears in Netflix’s “Selling Sunset.”

Meanwhile, El Moussa’s first wife, Christina Hall, is building her own wealth portfolio with two of her own HGTV shows, Christina in the Country and Christina on the Coast. She also endorses multiple brands including Mattress Firm, CLICS hair color, and Jacuzzi. Online estimates of her net worth range from $10 million to $25 million.

One of the first people to rise to fame in the home improvement television genre in the early 2000s was Ty Pennington, He worked as a carpenter on TLC’s Trading Spaces and then as a high-energy host on ABC’s Extreme Makeover: Home Edition, eventually earning $75,000 an episode.

Pennington capitalized on that fame with book deals, product endorsements, and additional series, including hosting competitions like “Ty Breakers” and “Rock the Block” on HGTV. Online estimates put Pennington’s net worth at $12 million, but that doesn’t include earnings from his real estate development company, Pennington Properties, which opened newly renovated condos in Atlanta’s The Otis Building in June.

Latest estimates for Erin and Ben Napier, who rose to fame on HGTV’s hit show Home Town and its various spin-offs suggest the couple has a net worth of $5 million. But there’s a good chance the number will rise quickly, given that new seasons of Home Town and Home Town Takeover are in the works, Erin’s first children’s book just became a New York Times bestseller, and the pair opened Scotsman Manufacturing in 2022 85 employees in his hometown of Laurel, Mississippi, to make the products they sell—from cast-iron skillets to butcher blocks.

And what about Chip and Joanna Gaines? The home renovation superstars left HGTV in 2018, but even if they were still on the network, Lemonis’ wealth would likely still dwarf hers. In June, Parade Magazine estimated their combined net worth at $50 million — the result of their success in Fixer Upper, book deals, real estate investments, and more.

However, the Gaines have the ability to do much more; In 2021, they partnered with HGTV’s parent company, Warner Bros. Discovery, to launch their Magnolia network as a joint venture, meaning they own a significant percentage of the network and make a pretty penny from growing viewership and advertising dollars will.

HGTV has hired several established celebrities to star on home renovation shows over the past few years, like they do with Marcus Lemonis. But even those stars haven’t earned as much as his estimated $500 million net worth.

Actress in summer 2022 Melissa McCarthy hosted “The Great Giveback” with her cousin Jenna Perusich. Celebrity Net Worth estimates McCarthy has a net worth of $90 million thanks to her film and television roles, the production company she owns with husband Ben Falcone, and her clothing line called Seven7. It is not yet known whether “The Great Giveback” will get a second season.

Another prominent presenter, rapper and producer little Jon, had just picked up his show – “Lil’ Jon Wants To Do What?” – for a second season. His estimated net worth is $30 million, which he has earned not only from his musical endeavors, but also from owning a wine company, manufacturing an energy drink called Crunk, naming a line of Oakley sunglasses, and creating high-end home designs for clients.

Jonathan Knight was already a star when he landed his popular HGTV show Farmhouse Fixer. The New Kids on the Block member amassed most of his fortune — estimated at $14 million — in the boy band, which still tours regularly. But since the peak of NKOTB’s fame, he’s turned to another passion: renovating New England barns and farmhouses, which are the focus of his show.

singer and choreographer Todrick Hall will soon have its own HGTV show when “Battle of the Bling” premieres in late 2022. Celebrity Net Worth estimates his net worth at $4 million based on his early success — after appearing on “American Idol” in 2009 — on Broadway, in viral music videos and choreographing for the likes of Taylor Swift. But the estimate may not have factored in recent successes, including his 2022 concert tour. After being sued for unpaid rent on the LA mansion he lived in, he bought the home in June for $6.1 million.

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